CBK revises growth projection to 6.4pc on strong H1 show

The Central bank of Kenya, Nairobi. FILE PHOTO | NMG

The Central Bank of Kenya has revised upwards its economic growth projection for this year to 6.4 percent, backed by strong growth in the first half of the year and the continued reopening of the economy from Covid-19 restrictions.

Central Bank governor Patrick Njoroge said the upward revision has come after the regulator looked at the economic performance numbers for the half of the year, which were not yet available when the CBK made its previous projection of 6.1 percent gross domestic product (GDP) growth.

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